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Stock impact report

Datadog (DDOG) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]

Datadog, Inc. - Class A (DDOG) 
Last datadog, inc. - class a earnings: 2/13 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This move lagged the S&P 500's daily gain of 0.87%. On the other hand, the Dow registered a gain of 0.67%, and the technology-centric Nasdaq increased by 1.11%. Shares of the data analytics and cloud monitoring company witnessed a loss of 2.38% over the previous month, beating the performance of the Computer and Technology sector with its loss of 5.98% and the S&P 500's loss of 3.97%. Market participants will be closely following the financial results of Datadog in its upcoming release. The company plans to announce its earnings on May 7, 2024. In that report, analysts expect Datadog to post earnings of $0.34 per share. This would mark year-over-year growth of 21.43%. In the meantime, our current consensus estimate forecasts the revenue to be $590.1 million, indicating a 22.5% growth compared to the corresponding quarter of the prior year. For the full year, the Zacks Consensus Estimates are projecting earnings of $1.42 per share and revenue of $2.57 billion, which would represe Show less Read more
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